Lost Boys Interactive is the latest gaming studio to be hit by layoffs. The studio is a subsidiary of Gearbox, and Gearbox is owned by Embracer Group. Lost Boys Interactive has been in the industry since 2017 and have helped co-develop games such as Tiny Tina's Wonderlands, The Quiet Man, and Diablo 4. The studio was picked up by Gearbox in 2022 and had grown to employ over 400 people.
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